An oligopoly coming to a telecomms market near you
If you're Cdn and you haven't figured out what hte top news/business story of the day is yet... you must be living under a rock or in a cave or something. I couldn't believe all the e-mails I received via various news sources regarding the talks that are happening b/n Telus and BCE and the potential merger.
I'm sort of on the fence on how I feel about this. As one would argue, this makes the mktplace smaller and the less competitors there are, the worse it is.
However, the recent mergers or acquisitions of a Cdn company by an Amercian one has also bothered me. We're seeing more of a proliferation of this and it saddens me to see Cdn grown co's move south.
Another thing to consider is - doesn't it make sense for acompany w/ vast experience in the telecomms industry to acquire BCE rather than a pension board/grp?
& despite the number of Telus naysayers, I've gotta say that every experience I've had w/ Telus has left me WAY more satisfied than Bell. It took me three... count them, THREE weeks to get my phone connected when I was in Ontario. PLUS, Bell charged me for two weeks of DSL when I didn't even have a phone line and overcharged me on my long distance plan. *sigh* I may have had to wait more than an hour for the Telus dude to hook up my phone, but he came up to my unit and answered all my questions and I was given two months free of DSL when I should've only received one.
